Session Time: Thu Jul 19 00:00:00 2012
[09:05] {scottie} good morning Vad
01[09:06] {Threei} morning scottie
[09:08] {jackharry} Good morning
01[09:09] {Threei} jack :)
[09:11] {Beau} good morning
01[09:11] {Threei} beau :)
[09:18] {ese} morning
[09:18] {ese} vad beau jack scottie
01[09:19] {Threei} ese :)
[09:19] {Beau} ese
[09:20] {scottie} :)ese
[09:23] {Will49} Good Morning
01[09:24] {Threei} will :)
01[09:25] {Threei} will, look pm please
[09:26] {nemo} I haate insomnia
01[09:28] {Threei} unemployment numbers killed early momentum
[09:28] {nemo} that shouldn't last lonq now QE3
01[09:29] {Threei} feels like the same scenario:
01[09:29] {Threei} drop in the morning, slow bottoming out, start of recovery, rally till eod
[09:30] {nemo} 137.12 area support for spy
[09:31] {nemo} wag
[09:31] {nemo} in .51
[09:32] {nemo} 1/2.60
[09:32] {nemo} stop .40 ish
[09:33] {nemo} 1/4 more .80
[09:33] {cipher} +.20 wag thx nemo
01[09:33] {Threei} gj
[09:33] {nemo} I'll have to go without sleep more often
[09:33] {nemo} stop to j.49
01[09:34] {Threei} Short Setup: FCX .65 break
01[09:34] {Threei} If holds .75
[09:34] {nemo} this could drop fast below .50
01[09:34] {Threei} change to .70 break
01[09:35] {Threei} stop .76
01[09:36] {Threei} out
01[09:36] {Threei} Long Setup: FAZ .90 break
01[09:36] {Threei} If holds .85
[09:37] {thomcbell} pvh short entry?
01[09:37] {Threei} change to .85 break if holds .80
[09:37] {nemo} stop is .69ish
01[09:38] {Threei} PVH, too pulpy for my taste
[09:38] {thomcbell} waiting
[09:39] {nemo} stop .79
[09:39] {nemo} ish
[09:39] {nemo} out
01[09:39] {Threei} come on SPY, pull back
[09:40] {nemo} gonna be a rinse
01[09:41] {Threei} if SPY behaves here, looking to go long IWM near .55
[09:41] {nemo} vwap .61
[09:42] {nemo} GS trading weak
01[09:42] {Threei} still... general strenght keeps a lid on FAZ
01[09:43] {Threei} FAZ half out
01[09:43] {Threei} stop to .84
[09:43] {nemo} mlnx diaper stock
01[09:44] {Threei} ideally, IWM dcrops under .55 and holds .50 for recxross entry
01[09:45] {Threei} out 1/4 more FAZ
[09:46] {jackharry} out FAZ at .99, thanks
01[09:46] {Threei} out in full
01[09:46] {Threei} jack :)
01[09:46] {Threei} ok, let's see if we can cathc market reversal
01[09:47] {Threei} Long Setup: IWM .50 break
01[09:47] {Threei} If holds .45
[09:48] {cipher} tna l .65
01[09:48] {Threei} half out .58
01[09:48] {Threei} stop .49
01[09:49] {Threei} like flute
[09:50] {ese} nemo.....you still in wag
[09:51] {nemo} no
[09:51] {ese} sorry.....i see...your out
01[09:52] {Threei} IWM did such strange dance around .50, I couldn't tell if it really lost suupport
[09:52] {cipher} out 1/2 tna .80 +.15
01[09:52] {Threei} there were a lot ofd prints out of bounds
[09:53] {nemo} you need to pay closer attention to my mindless ranting
01[09:53] {Threei} that's all we do
[09:53] {ese} good job C
01[09:53] {Threei} aside of our own mindless ranting
[09:53] {Beau} good call and play nemo. darts?
01[09:53] {Threei} if you held IWM through that weirdness, feel free to exit
[09:54] {cipher} still in iwm
01[09:54] {Threei} darts thrown at chicken entrails would be my best guess, beau
[09:54] {nemo} saw it when I came in, textbook setup
[09:54] {nemo} rooster this time
[09:55] {Beau} db?
[09:56] {nemo} mmhhh short or long qcom? Hamlet moment
[09:56] {nemo} numbers
[09:57] {ese} hamlet moment.................lol
01[09:58] {Threei} on what beau?
[09:58] {Beau} asking nemo on setup he mentioned
[09:58] {cipher} out last piece tna .74 (late post)
01[09:58] {Threei} oh
01[10:00] {Threei} hmmm
01[10:00] {Threei} good home sales
01[10:00] {Threei} bad Phil Fed
01[10:00] {Threei} bad June leading
01[10:00] {Threei} let them sort it out
01[10:00] {Threei} nope, correction tohome sales
01[10:00] {Threei} bad too
01[10:01] {Threei} initial report was incorrect and caused some buying
[10:01] {cipher} l tna.21
01[10:01] {Threei} poor bastards trying to out-react everyone else
[10:01] {Will49} that's a lot of "bad"
[10:01] {nemo} qcom walking down trendline
01[10:01] {Threei} numbers is 4.37 vs 4.62 E, but initial report was 4.73
[10:03] {cipher} out 1/2 tna .40 +.19
[10:04] {cipher} l aapl .47
[10:04] {nemo} BTFD!!!
[10:04] {cipher} out rest tna.52 +.32
01[10:04] {Threei} wtg cipher
[10:04] {cipher} thx
[10:04] {Beau} very good c
[10:05] {cipher} out 1/2 aapl .88 +.41
[10:05] {Will49} c you're on fire
01[10:05] {Threei} Long Setup: IWM .30 break
[10:06] {cipher} out rest aapl +.09
01[10:06] {Threei} If holds .25
01[10:07] {Threei} no go
01[10:08] {Threei} Long Setup: LVS .40 break
01[10:08] {Threei} hl
01[10:09] {Threei} If holds .30
[10:09] {nemo} tna .02
01[10:09] {Threei} target 1:2
[10:10] {ese} ok....thats a biggie MLNX +$24.50...there have been bigger but this is big
[10:10] {nemo} out
01[10:10] {Threei} SPY new low
01[10:10] {Threei} let's trail LVS to .34
01[10:11] {Threei} out
01[10:13] {Threei} a lot more fear today
01[10:15] {Threei} ugh... overtightened LVS
[10:18] {nemo} rovi .31
[10:18] {nemo} stop under .20
[10:18] {nemo} mhhh, gonna trigger?
[10:19] {ese} nemo.....do you think has enough in it to get back to 35
[10:19] {ese} wag
[10:19] {nemo} it's at downard trend here hard to say
[10:19] {ese} am thinkin a sm L at .50
[10:19] {nemo} market weak
[10:19] {ese} ya
[10:20] {nemo} wag
[10:22] {nemo} tightening rovi to .25
01[10:23] {Threei} watching TZA
[10:23] {ese} L cnq .28
[10:23] {nemo} mlnx
[10:23] {nemo} sorry
[10:24] {cipher} tza break of .60 long?
01[10:25] {Threei} hard to tell...
01[10:25] {Threei} SPY still looks like has another upward leg in it
[10:25] {cipher} ok bailing out on tza +.03
[10:26] {jackharry} HPQ short on break of .10, if holds .15?
[10:26] {nemo} out
[10:26] {nemo} rovi
[10:27] {nemo} edu dead mummified cat bounce
01[10:27] {Threei} not sure jack, .15 break long could be better odds
[10:28] {jackharry} Ok, thanks
01[10:30] {Threei} (SY) Russia and China veto UN Security council resolution to implement sanctions on Syria authorities
01[10:35] {Threei} works nicely
01[10:35] {Threei} HPQ
[10:36] {jackharry} grrrrr......missed it, had to leave for a couple of minutes, was over .20 when I got back
[10:37] {Will49} bring the coffee pot to your computer
01[10:37] {Threei} and diaper
[10:37] {Will49} they make good coffee filters
01[10:37] {Threei} lol
[10:38] {jackharry} yep, diaper is what is needed!
[10:38] {ese} lol
[10:41] {nemo} shorting unh below the whole
[10:43] {nemo} dollar dropping
[10:46] {nemo} come on you want to drop to the 200 SMA
[10:48] {nemo} I'm out
01[10:49] {Threei} Long Setup: EBAY .85 break
01[10:49] {Threei} If holds .75
01[10:51] {Threei} target 1:3
01[10:52] {Threei} 1:1
01[10:52] {Threei} play by the book
01[10:52] {Threei} completely non-creative trade
01[10:52] {Threei} in what tbell would call an "obvious" category
[10:55] {ese} out cnq .56 +.28
01[10:56] {Threei} wtg
[10:56] {Beau} gj ese
01[10:59] {Threei} lol
01[10:59] {Threei} ppst appears on the web:
01[10:59] {Threei} DENVER (AP) - A sheriff has warned residents in a tourist town northwest of Colorado Springs that a strong, aggressive 6-foot lizard that eats small animals - including dogs and cats - is on the loose in the area.
01[10:59] {Threei} one of the comments says:
01[11:00] {Threei} In Florida, we call it an alligator and it's not necessarily news.
[11:02] {nemo} http://www.telegraph.co.uk/news/worldnews/northamerica/usa/9409486/US-cancer-victim-uses-obituary-to-confess-sins.html
[11:02] {nemo} sorry
[11:02] {nemo} German supreme court doesn't rule until September, we're on hold until then...markets probably continue up
[11:02] {ese} tks B
[11:06] {nemo} thinking long edu above .45
[11:07] {nemo} in .46
[11:08] {nemo} foot Vad
[11:08] {ese} wag nemo?
[11:08] {nemo} edu ese
[11:08] {nemo} 1/2 .57
[11:08] {ese} was watching that yesterday......
[11:09] {ese} ahhhhhhh
[11:09] {nemo} 13.20 the 14.40
[11:09] {nemo} stop is .48
[11:09] {ese} nice
[11:11] {nemo} letting the rest ride unless stopped
[11:11] {nemo} although iwm looking weak
[11:11] {nemo} so isn't spy
[11:12] {nemo} mmmhhhh.60 level could be an add point
[11:12] {nemo} out
[11:12] {nemo} oh well
[11:12] {nemo} feels like it's gonna be a rinse
[11:12] {ese} ya....nice trade though
[11:15] {nemo} that .60 level again
[11:16] {nemo} small .62
[11:16] {nemo} I think it's on the way to 13.20
[11:16] {nemo} take half here
[11:17] {nemo} got half a half to ride stop .49
[11:18] {nemo} .90 area could get sticky
[11:18] {nemo} stop to .59
[11:19] {nemo} crissakes, hearing the Beatles "She's got a ticket to riiiide..."
[11:19] {nemo} Now I got ese's voices in MY head!!!
[11:20] {nemo} Where's my frickin' gun!
[11:20] {nemo} I can't go through life like this
[11:22] {nemo} o.k. abit sticky here stop to .69
01[11:22] {Threei} Long Setup: TNA 55 break hl
01[11:22] {Threei} If holds .90
[11:23] {nemo} could make the argument I should hold the stop to B/E
[11:27] {ese} L OCZ .50
[11:27] {nemo} think you can buy tna here
[11:28] {nemo} stop is .79
[11:29] {nemo} I took small .97 tna stop under .90
01[11:30] {Threei} 1:1
[11:35] {nemo} still in edu
[11:36] {scottie} out tna +.20 ty Vad
[11:37] {nemo} lvs might be bull flagging
[11:37] {scottie} aggressive entry at .96
[11:37] {nemo} out edu
01[11:39] {Threei} :)
[11:41] {nemo} hfc l .40
[11:41] {nemo} stop under .30 small
[11:42] {nemo} am partialing above .50
[11:42] {nemo} if it gets there
[11:42] {nemo} don't want to piss off the trading gods
[11:42] {nemo} oops, pissed them off
[11:43] {nemo} ahhh shit, need a virgin to sacrifice quick!
[11:45] {nemo} mmmhhh, indexes dropping
[11:45] {nemo} spy bounced at vwap
01[11:45] {Threei} no news
[11:46] {nemo} trend line is .50 area spy
[11:49] {nemo} edu a sclp long here for the frivolous at heart
[11:49] {nemo} not yet I guess
[11:50] {Will49} faint of heart here
[11:50] {nemo} get a frickin' pacemaker implanted
[11:51] {Will49} :)
[11:52] {nemo} another bounce zone here
[11:52] {nemo} look at that volume
[11:53] {nemo} o.k hfc held by the skin of it's teeth...
[11:54] {nemo} what a spread on mlnx...forget that!
[11:54] {nemo} cipher stock
01[11:54] {Threei} yeah
[11:54] {nemo} fcx interesting
[11:54] {nemo} but at R3 for the day
[11:56] {nemo} whoa pwr
[11:56] {nemo} sorry, not whoa
[11:59] {nemo} I'm scratching HFC bored
[12:03] {nemo} think I"m going to regret that
[12:05] {nemo} I should learn to enjoy boredom
01[12:05] {Threei} you better
[12:06] {nemo} here we go,
01[12:06] {Threei} EU collapse or election excitement, those fun catalysts are far ahead
[12:07] {nemo} look .80 level LVS
[12:07] {nemo} damn
[12:08] {nemo} see if it pulls back
01[12:11] {Threei} you know what those levels mean...
01[12:12] {Threei} buy if broken
[12:15] {nemo} bought small tna .22
[12:16] {nemo} partial .38
[12:16] {nemo} stop under .20
[12:17] {nemo} could just feel the littl bastards sneaking up to the line
01[12:17] {Threei} nice move
[12:17] {nemo} stop under .35
[12:17] {nemo} I don't trust lunchtime volume volatility
[12:17] {nemo} I'm so paranoid
[12:19] {nemo} watching .95 level on spy also
[12:24] {nemo} stop is .45
[12:26] {ese} out OCZ .81 +,31
01[12:26] {Threei} nice one
[12:26] {nemo} mmmhhhhh....debating on miving my stop to .59 but we know what happens when I do that
[12:26] {ese} 4K.......felt like days of old with that one
[12:27] {nemo} btw, edu not going up could be a short here
[12:28] {nemo} sorry, a bit late on the notice
[12:33] {nemo} out
[12:33] {nemo} might look to short edu against 12.00
[12:38] {nemo} vwap edu is .71, pivot is .30
[12:39] {nemo} whoa .68 offer
[12:39] {nemo} gone
[12:39] {nemo} .68 level flashed big
[12:39] {nemo} and we dropped, no appetite for buying yet
[12:41] {nemo} iwm vwap
[12:45] {nemo} see if offer pops up at .68
[12:46] {nemo} nope
[12:46] {nemo} I'm seeing momentum build here
[12:46] {nemo} tna could be long here .41
[12:47] {nemo} not giving it to me
[12:47] {nemo} don't want to pay up at lunch
[12:48] {nemo} oops filled
[12:48] {nemo} I'm out spy dropped .90
[12:58] {nemo} spy at vwap near open and trend
[13:00] {nemo} was gonna' say long here
[13:00] {nemo} sorry moved quick
01[13:02] {Threei} Short Setup: LVS 41 break
[13:05] {nemo} wow, had an alert for .46 on edu, it pops up, I bring up the chat and it's at .70
[13:06] {ese} vad......what are your setting again for bollnger bands.......am stalking ocz but am thinking about your charts course.....and wondering if on a pullback i should wait for ocz not to penetrate the lower BB before thinking about entering
[13:06] {nemo} 13 1.7
01[13:06] {Threei} on intraday, 13/1.7
01[13:06] {Threei} on daily, 20/2
[13:07] {ese} tks....
[13:07] {ese} have a look at ocz when you get a chance......let me know what you think
01[13:09] {Threei} BBs tightened greatly
01[13:10] {Threei} which usually leads to a sizeable move coming
01[13:10] {Threei} whichever way it breaks, that's the trade
[13:11] {ese} tks........L ocz .56
01[13:13] {Threei} needless to say, LVS invalidated
01[13:13] {Threei} "obviously"
[13:14] {scottie} bbt s .70 ?
01[13:17] {Threei} 50/50...
[13:17] {scottie} thx
01[13:18] {Threei} if triggers I'd go for it but even 1:1 is questionable
[13:20] {ese} out ocz.66 +.10 on 4k
[13:22] {ese} I'm done for the day......I forgot what kinda concentration is required when do size like that....been a good day...cya tomorrow
[13:22] {Will49} Excellent ese
[13:23] {ese} tks will
01[13:23] {Threei} take care ese
01[13:24] {Threei} see what I meant, scottie?
[13:24] {scottie} yes
[13:25] {scottie} maybe should I've played it long?
[13:29] {dolores} hello there
[13:29] {dolores} did I miss a lot?
[13:31] {dolores} financials down today+
01[13:35] {Threei} ho dolores
01[13:35] {Threei} not much happening
01[13:36] {Threei} found some good ones... nemo is nailing them very well
[13:37] {dolores} why are financials not following the market? the libor stuff?
[13:37] {nemo} having a broken clock day
[13:37] {nemo} who knows really
[13:38] {nemo} could be earnings...they've been all sleight of hand in the finnies
[13:41] {nemo} bird just flew in the window..sheesh
[13:41] {Will49} bird of paradise
[13:41] {nemo} mhhhhh...sitting on the lampshade
[13:41] {nemo} nah...sparrow
[13:41] {Will49} that's a sign that virgins are coming
[13:42] {nemo} better start working on the Ark
[13:42] {nemo} now the damn thing is sqawking
[13:43] {Beau} looking for bunny?
[13:43] {nemo} mmmhhhh...bunny never introduces me to her friends
[13:43] {nemo} can make an argument for tna long here
[13:44] {nemo} iwm pivot .15, trade hasn't quite shaped up yet though
[13:46] {nemo} mmmhhh fcx strong
[13:47] {dolores} copper up almost 2 % today
[13:47] {dolores} FCX
[13:48] {nemo} finnies weakness might have finally caught up with the market
[13:49] {dolores} FCX short .64 with stop at.70?
[13:49] {nemo} I'm not sure I would short a strong stock
[13:49] {dolores} no
[13:49] {nemo} Preferably, look to short a weak stock
[13:49] {nemo} market turns, FCX goes north
[13:50] {nemo} just my opinion
01[13:50] {Threei} I agree
[13:50] {nemo} O.K.
[13:50] {nemo} just our opinion
[13:51] {nemo} see that .72 level on FCX
[13:51] {nemo} somebody selling between .70 and .72
[13:52] {nemo} that level lifts as the market lifts, you might not have time to hit out of your short
[13:52] {nemo} I have the scars
[13:53] {nemo} Now, if the market tanks, could work but it's not the highest probability trade
[13:53] {nemo} as FCX makes a liar out of me
[13:53] {nemo} or is that a fool?
[13:54] {Will49} was just an opinion
01[13:54] {Threei} ummm... both?
[13:54] {nemo} where's that list?
[13:55] {nemo} market letting go
[13:55] {dolores} GS at lows
[13:56] {dolores} and C
[13:56] {nemo} KBE pretty low too
01[13:57] {Threei} Long Setup: LVS .30 break
01[13:57] {Threei} If holds .25
[13:58] {nemo} now what might be an fcx trade is if it bounces off this .48 level and forms an INVERRSE H&S
[13:58] {nemo} sorry about the capitals
01[13:58] {Threei} yup
01[13:58] {Threei} Long Setup: FCX .50 break
01[13:58] {Threei} If holds .45
[13:59] {nemo} this market is sneaky
01[13:59] {Threei} ha;f out LVS
[13:59] {nemo} mmmhhh nyse on the offer, always worries me in DOW stocks
[13:59] {nemo} bid and offer
01[14:00] {Threei} out LVS in full
[14:01] {scottie} +.12 ty
01[14:01] {Threei} :)
[14:01] {nemo} look at that lvs chart, probably got .80 area in it's sights
[14:02] {nemo} red starting show up on my screens
[14:02] {nemo} all the greens shut off
[14:03] {nemo} if anybody so inclined goog vwap at the whole, setting up long ;-)
[14:16] {dolores} MS really hammered today
[14:17] {dolores} seems very bad resultas
[14:19] {scottie} uri 29 ?
01[14:21] {Threei} if SPY reverses up, sire
[14:23] {scottie} in .01 small
01[14:24] {Threei} 1:1
01[14:24] {Threei} nice and easy
[14:24] {scottie} sold half +.10
01[14:25] {Threei} so rewarding to see how newer guys start finding setups
01[14:25] {Threei} couple months ago, would you see this trade?
[14:25] {Will49} i wanna be like Scottie
01[14:25] {Threei} he will beam you up
[14:26] {Will49} let's hope
[14:33] {scottie} out .21 +.20
[14:34] {Will49} sweet
[14:34] {scottie} sorry didn't read you, was concentrated on that trade
[14:34] {Will49} that a boy!
[14:34] {scottie} Will, you would have to wear a beard and a big belly
[14:35] {scottie} :)
[14:35] {Will49} :)
[14:39] {nemo} fcx .48 break a possibility here
[14:41] {nemo} lotta volume at .45, could drop..which it did
[14:45] {dolores} MLNX amazing
[14:45] {dolores} went AH to 54 % up
[14:53] {nemo} now fcx moves against the market
[14:56] {dolores} yes breaking out
[15:00] {dolores} and LVS at highs
[15:00] {nemo} LVS at resistance on the daily
[15:11] {dolores} MLNX what a short scared me
[15:11] {nemo} love that spread
[15:12] {nemo} what? were you a javelin catcher in a previous profession?
[15:13] {nemo} as the spread tightens
[15:13] {nemo} new highs in spy coming? we have time
01[15:19] {Threei} URO... mama
[15:20] {Will49} ?
01[15:20] {Threei} URI
[15:21] {nemo} Put the bottle down Vad!
[15:21] {Will49} Where's Scottie when we need him?
[15:21] {nemo} beamed up
[15:21] {nemo} actually I think his ashes are in orbit now
[15:21] {Will49} lol
[15:24] {Will49} I'll walk the line
01[15:29] {Threei} feels like some selling should come
01[15:30] {Threei} FAZ
01[15:30] {Threei} .60 break long
01[15:30] {Threei} of holds .55
[15:31] {nemo} spy right on vwap
01[15:34] {Threei} and TZA
01[15:34] {Threei} .70 break
01[15:34] {Threei} if stays above, however amuzing it may sound, .65
01[15:35] {Threei} amusing?
01[15:39] {Threei} ewww
[15:40] {Beau} not a lot
01[15:40] {Threei} what's with bout of happiness
01[15:40] {Threei} FAZ is invalidated
[15:40] {Will49} obviously
01[15:40] {Threei} right
[15:41] {nemo} market held trend line vwap and open within a couple a cents and the market been strong
01[15:41] {Threei} let's scratch TZA
[15:43] {nemo} enought time for news highs on the spy?
01[15:44] {Threei} barely
01[15:44] {Threei} and would take a lot of determination
[15:45] {Beau} good nght all
01[15:46] {Threei} take care beau
01[15:51] {Threei} doesn't look I have any read on this here
01[15:51] {Threei} let's have a good evening, see you tomorrow
[15:51] {Will49} See ya
[15:52] {dolores} ´see you tomorrow guys take care
[15:52] {dolores} thxs VAD
